India’s top oil and gas producer ONGC and country’s biggest electricity generator have signed a preliminary agreement to set up a joint venture company for renewable energy projects. The MoU will enable NTPC and ONGC to accelerate their footprint in Renewable Energy. As per the MoU, NTPC and ONGC will explore the setting up of […]
NTPC Ltd signed MoU with ONGC for Renewable Energy business Read More »
The Reserve Bank has announced a Rs 15,000-crore line of credit to the Export-Import Bank of India, to help the sagging foreign trade. The EXIM Bank will be given LoC of Rs.15,000 crore for a period of 90 days from the date of availing with rollover up to a maximum period of one year. It
RBI announced LoC to EXIM Bank to raise its resources Read More »
Madhya Pradesh Chief Minister has inaugurated the ‘Everybody will get employment’ scheme through video conferencing. Under this scheme, MNREGA job cards will be distributed to the labourers. The scheme aims to provide employment to migrant labourers and those labourers who have gone out of the state in search of employment, in their village and gram
MP launched ‘Everybody will get employment’ scheme Read More »
The Reserve Bank of India has announced a 40 basis points reduction in key policy rates while estimating that Indian economy will shrink in 2020-21. The repo reduction marked the lowest repo rate or the key interest rate at which the RBI lends short-term funds to commercial banks. This is the reduction that has been
Union Cabinet has approved the new Special Liquidity Scheme for Non-Banking Financial Companies (NBFCs) and Housing Finance Companies (HFCs). The scheme aims to improve the liquidity position of the NBFCs/HFCs. The Government has proposed a framework for addressing the liquidity constraints of NBFCs/HFCs through a Special Liquidity Scheme. As per the scheme, a Special Purpose
Special Liquidity Scheme for NBFCs, HFCs to address their Liquidity Stress Read More »
National Anti-Terrorism Day is observed on 21 May every year in India to raise awareness about the anti-social act of terrorism and its impact on human suffering and lives. The day marks the death anniversary of Rajiv Gandhi, the Former Prime Minister of India. The day also aims to spread the message of peace and
A magnetic nanoparticle-based RNA extraction kit for use during testing for detection of COVID-19 named “Agappe Chitra Magna” has launched by Sree Chitra Tirunal Institute for Medical Sciences and Technology (SCTIMST). The RNA extraction kit was developed by SCTIMST along with Agappe Diagnostics Ltd, an in vitro diagnostics manufacturing company based in Cochin. Agappe Chitra
Defence Ministry approved the procurement of 26 defence items only from local suppliers to boost the “Make in India” initiative. Centre has issued Public Procurement (Preference to Make in India) Order 2017 to promote the manufacturing and production of goods and services in India. MoD has notified 127 items where purchase preference is given to
26 Defence items from local suppliers to boost Make in India Read More »
Central government has launched a scheme for solarisation of Konark Sun Temple and Konark town in Odisha. Under the scheme, the Centre aims to set up the 10-MW grid-connected solar project and various solar off-grid applications such as solar drinking water kiosks, solar trees, and off-grid solar power plants with battery storage. It will be
Government launched scheme to solarise entire Konark Temple Read More »
Central Health Minister Harsh Vardhan has been elected as the chairman of the World Health Organisation’s (WHO) Executive Board. He will assume the charge on 22 May 2020. He will succeed Dr. Hiroki Nakatani of Japan, who is the current Chairman of the WHO Executive Board. The proposal to appoint India’s nominee to the executive
Harsh Vardhan elected as chairman of WHO Executive Board Read More »
